Welcome to our dedicated page for Urban One news (Ticker: UONEK), a resource for investors and traders seeking the latest updates and insights on Urban One stock.
Urban One, Inc. (NASDAQ: UONEK) generates a steady flow of news as a diversified media company focused on Black Americans and urban consumers in the United States. News about Urban One often centers on its financial performance, capital structure decisions and developments across its television, radio, digital and syndicated audio segments.
Regular earnings releases provide detail on net revenue, operating income or loss, broadcast and digital operating income and Adjusted EBITDA for the Radio Broadcasting, Reach Media, Digital and Cable Television segments. These updates also describe trends in areas such as core radio advertising, cable TV advertising, affiliate revenue, digital advertising demand and segment-level performance.
Urban One’s news flow also includes announcements related to its debt and capital management. In 2025, the company reported repurchases of portions of its 7.375% senior secured notes due 2028 and launched offers to exchange these notes for new senior secured notes, purchase a portion of the existing notes for cash and issue new first lien senior secured notes. Related press releases describe the structure of these offers, participation levels and associated consent solicitations to amend the existing notes indenture.
Beyond financial and capital markets updates, Urban One issues news on research and cultural initiatives. For example, the company announced its Cultural ROI Study, “Influence to Impact: Black Culture’s Role in Brand Growth,” which examines Black cultural influence and brand trust. Investors and observers following UONEK news can expect coverage of quarterly results, conference call schedules, debt transactions, governance developments and research efforts tied to the company’s focus on Black and urban audiences.
Urban One (NASDAQ: UONEK; UONE) has scheduled its second quarter 2025 earnings conference call for Tuesday, August 19, 2025, at 10:00 a.m. EDT. U.S. participants can dial toll-free at +1-888-596-4144, while international callers can dial +1-646-968-2525, using Access Code 3660282.
A replay will be available from 2:00 p.m. EDT August 19 until 11:59 p.m. EDT August 26, 2025, accessible via +1-800-770-2030 (U.S.) or +1-609-800-9909 (international). The conference call audio and replay will also be available on Urban One's website at www.urban1.com for seven days after the call.
Urban One (NASDAQ: UONEK; UONE) has issued a correction to its previously announced Second Quarter 2025 earnings conference call date. The company will now host the call on Wednesday, August 13, 2025, at 10:00 a.m. EDT, rather than August 19 as initially stated.
Investors can join using the toll-free number +1-888-596-4144 (US) or +1-646-968-2525 (international) with access code 3660282. A replay will be available from 2:00 p.m. EDT on August 13 until August 20, 2025, and can be accessed via phone or through Urban One's corporate website at www.urban1.com for seven days after the call.
Urban One (NASDAQ: UONE) reported its Q1 2025 financial results, showing net revenue of $92.2 million, an 11.7% decrease from Q1 2024. The company experienced a significant decline in performance with operating income dropping to $2.1 million from $12.9 million in the previous year. The company reported a net loss of $11.7 million ($-0.26 per share) compared to net income of $7.5 million ($0.15 per share) in Q1 2024.
Key performance metrics showed weakness across segments: core radio advertising declined 12.4% excluding digital, Cable TV advertising decreased 6.3%, and digital revenues fell 16.1%. Despite challenges, the company reaffirmed its full-year Adjusted EBITDA guidance of $75 million. Urban One has reduced its gross debt to $495.9 million through debt repurchases of $88.6 million at an average price of 53.9% and maintains $79.8 million in cash on hand.
Urban One (NASDAQ: UONEK; UONE) has announced its upcoming First Quarter 2025 earnings conference call, scheduled for Tuesday, May 13, 2025, at 10:00 a.m. EDT. The call will discuss the company's financial results for Q1 2025.
Participants can join via:
- U.S. toll-free: +1-888-596-4144
- International: +1-646-968-2525
- Access Code: 7968738
A replay will be available from 2:00 p.m. EDT May 13 until 11:59 p.m. EDT May 20, 2025, accessible through:
- U.S. replay: +1-800-770-2030
- International replay: +1-609-800-9909
Urban One (NASDAQ: UONEK, UONE) reported Q4 2024 results with net revenue of $117.1 million, down 2.7% year-over-year. The company posted an operating loss of $1.9 million compared to operating income of $6.8 million in Q4 2023.
Key financial metrics include:
- Net loss of $35.7 million or $(0.78) per share
- Adjusted EBITDA of $26.9 million
- Radio Broadcasting revenue increased by $6.0 million to $47.7 million
- Cable Television revenue decreased by $7.5 million to $39.8 million
The company repurchased $15.4 million of its 2028 Notes at 69.8% of par, reducing the outstanding balance to $584.6 million. Additionally, Urban One repurchased 1,386,544 shares of Class A Common Stock at $1.50 per share and 703,292 shares of Class D Common Stock at $1.02 per share during Q4 2024.
Urban One (NASDAQ: UONEK; UONE) has announced its upcoming Fourth Quarter 2024 results conference call, scheduled for Thursday, March 27, 2025, at 10:00 a.m. EDT. U.S. participants can join via toll-free number +1-888-596-4144, while international callers can dial +1-646-968-2525, using Access Code 3407726.
A replay of the conference call will be available from 2:00 p.m. EDT March 27 until 11:59 p.m. EDT April 3, 2025. The replay can be accessed via +1-800-770-2030 (U.S.) or +1-609-800-9909 (international) using the same access code. Additionally, both live audio and replay will be accessible on Urban One's website at www.urban1.com, with the replay available for seven days post-call.
Urban One reported Q3 2024 financial results with net revenues of $110.4 million, down 6.3% year-over-year. The company posted an operating loss of $26.2 million, improved from a $56.1 million loss in Q3 2023. Net loss was $31.8 million or $(0.68) per share. Radio division saw -7.7% same-station decline excluding political ads, while Cable TV experienced double-digit decreases in both advertising and affiliate revenues. Digital advertising dropped 4.1%. The company ended Q3 with $115.5 million in cash and equivalents, after repurchasing $14.5 million of 2028 notes at 75.0%.
Urban One has announced a Local Management Agreement with La Mega Media and Lazo Media to expand Spanish-language programming across Ohio markets and Indianapolis. The company will operate stations under the La Mega brand in Cleveland, Columbus, Cincinnati, and Indianapolis, effective November 1, 2024. Claudia DeLeon, former COO of La Mega Media, has been appointed VP, General Manager of the Cleveland market and Head of Spanish Broadcast Operations. The company will broadcast on specific frequencies in each market and discontinue the La Grande brand. Urban One now operates Spanish-speaking radio stations in these markets, alongside Telemundo television affiliates in Columbus and Indianapolis.
Urban One (NASDAQ: UONEK; UONE) has announced its upcoming Third Quarter 2024 earnings conference call, scheduled for Thursday, November 7, 2024 at 10:00 a.m. EST. Investors and analysts can participate using toll-free numbers for U.S. callers (1-877-226-8189) or international callers (+1 409-207-6980) with Access Code 5487822. A replay will be available from 1:00 p.m. EST November 7 until November 14, accessible via phone and the company's website at www.urban1.com for seven days after the call.
Urban One has announced a correction to its Third Quarter 2024 Results Conference Call schedule. The call will now take place on Tuesday, November 12, 2024, at 10:00 a.m. EST, instead of the previously announced November 7 date.
Investors and analysts can participate using the toll-free number 1-877-226-8189 for U.S. callers or (+1) 409-207-6980 for international callers, with Access Code 5487822. A replay will be available from 1:00 p.m. EST November 12 until 12:00 a.m. EST November 19, accessible via 1-866-207-1041 (U.S.) or (+1) 402-970-0847 (international) with replay Access Code 3607803. The audio and replay will also be available on www.urban1.com for seven days after the call.